Business and Financial Analyst, YMA

Yale University - New Haven, CT4.3

Full-timeEstimated: $59,000 - $77,000 a year
EducationSkills
Position Focus:
Reporting to the Associate Director, Business and Financial Analytics, the analyst will collaborate with a cross-functional team within Yale Medicine Administration (YMA) to provide analytical support to the Central Business Office. The analyst will play an integral role in developing a reporting system that monitors the financial performance of the team, identifies trends and opportunities, and supports strategic decision making for the clinical enterprise. The analyst will work closely with all functions within the CBO, including Coding, Billing, Contracting and Payer Relations, and Finance, to track clinical revenue streams, connect all the steps in the revenue cycle, evaluate performance, identify problems and provide solutions. The analyst will also work with the clinical departments within Yale School of Medicine (YSM) to understand their business needs, how their operations impact their financials, and provide analytical support. The analyst will also support the collaboration with the Yale New Haven Health System (YNHHS) on financial initiatives and shared decision making. The analyst will take a data-driven approach to assist YMA and clinical department leadership to make informed business decisions.

Essential Duties

1. Master various data systems available to the practice and understand their applications and integrability. Extract and consolidate data from multiple sources both internally and externally. 2. Analyze data, including medical revenue, insurance fee schedules, cost reporting, and other sources available. Design and create accurate and timely reports to meet business needs. 3. Use statistical modeling skills to provide historic, current, and predictive views on the clinical business’s financial performance. 4. Interpret data, summarize findings, and present recommendations to all levels of management regarding financial plans and other complex financial matters. Contribute to the planning and improvement of practices, processes and systems 5. Work collaboratively with business leaders, physician executives, IT, billing, and management team members across the YSM and YNHHS. Provide a high level of service that cultivates and maintains strong working relationships and communicates effectively. Take ownership and accountability for timeliness, accuracy and relationship management. 6. Translate department finance goals into objectives. Identify and raise potential financial opportunities, issues, risks, ideas and solutions. Identify the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes. 7. Supervise various resources in the development and implementation of strategic programs and initiatives. 8. Perform other duties as assigned.

Required Education and Experience

Bachelor’s degree in a quantitative discipline (e.g. Business, Economics, Finance, Statistics) and five to seven years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.

Required Skill/Ability 1:
Proficiency working with MS Office, in particular Excel and Access.

Required Skill/Ability 2:
Superior analytic and problem-solving skills.

Required Skill/Ability 3:
Strong organization skills and the proven ability to lead and prioritize complex projects to meet department objectives and deadlines.

Required Skill/Ability 4:
Exceptional communication, interpersonal, and presentation abilities. Ability to navigate and develop effective working relationships.

Required Skill/Ability 5:
Ability to be self-directed and exhibits critical thinking skills.

Preferred Education, Experience and Skills:
Advanced degree (Master or PhD). Experience performing complex analytics for a health-related field. Knowledge of: analytical tools & platforms (i.e. SAS, SQL, VBA, Stata, R, Tableau); Medicare, Medicaid and/or Commercial health plan & payment methodology (e.g. CPT/HCPS, RVU); healthcare data aggregation using data warehouse, clinical data repositories & claims databases.

Drug ScreenNo
Health Screening

No

Background Check Requirements

All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements. All offers are contingent upon the successful completion of the background check. Please visit www.yale.edu/hronline/careers/screening/faqs.html for additional information on the background check requirements and process.

Posting Disclaimer

The intent of this job description is to provide a representative summary of the essential functions that will be required of the position and should not be construed as a declaration of specific duties and responsibilities of the particular position. Employees will be assigned specific job-related duties through their hiring departments.

Affirmative Action Statement:
Yale University considers applicants for employment without regard to, and does not discriminate on the basis of, an individual’s sex, race, color, religion, age, disability, status as a veteran, or national or ethnic origin; nor does Yale discriminate on the basis of sexual orientation or gender identity or expression. Title IX of the Education Amendments of 1972 protects people from sex discrimination in educational programs and activities at institutions that receive federal financial assistance. Questions regarding Title IX may be referred to the University’s Title IX Coordinator, at TitleIX@yale.edu, or to the U.S. Department of Education, Office for Civil Rights, 8th Floor, Five Post Office Square, Boston MA 02109-3921. Telephone: 617.289.0111, Fax: 617.289.0150, TDD: 800.877.8339, or Email: ocr.boston@ed.gov.

NoteYale University is a tobacco-free campus